Fitch

Timelines
Fitch Ratings ups India's growth forecast to 7.8% for FY19

21 Sep 2018

Fitch Ratings ups India's growth forecast to 7.8% for FY19

Fitch Ratings today upped India's growth forecast for the current fiscal to 7.8% from 7.4% projected earlier.

India to grow 7.3% this fiscal, 7.6% in next: ADB

11 Apr 2018

India to grow 7.3% this fiscal, 7.6% in next: ADB

India's economic growth is expected to rebound to 7.3% this fiscal and further to 7.6% in 2019-20 with increased productivity post-GST and investment revival due to banking reform said the Asian Development Bank (ADB).

After Budget, Sensex closes 839 points lower, Nifty cracks too

02 Feb 2018

After Budget, Sensex closes 839 points lower, Nifty cracks too

A day after Budget 2018, the markets shuddered and benchmark indices fell sharply, a consequence of the new long-term capital gains (LTCG) tax and other factors, analysts said.

Indian banks need $65 billion to meet BASEL norms: Fitch

12 Sep 2017

Indian banks need $65 billion to meet BASEL norms: Fitch

To meet BASEL III norms, Indian banks will need an additional $65 billion by March 2019, said Fitch Ratings. PSU banks would require 95% of it.

RBI may get government help in tackling bad loans

05 Apr 2017

RBI may get government help in tackling bad loans

The government is now mulling about passing a legislation, which will allow the Reserve Bank of India (RBI) to tackle stressed assets.

Private sector projects have reached a standstill in recent quarters

04 Apr 2017

Private sector projects have reached a standstill in recent quarters

According to Centre for Monitoring Indian Economy (CMIE), the progress of private sector projects has reached a roadblock.

India's GDP increased by 7% in Q3

28 Feb 2017

India's GDP increased by 7% in Q3

India's third quarter GDP grew at a faster-than-expected 7% pace despite demonetization in the quarter till December. It had been expected to grow 6.1% then.

Quarter 2 GDP grows at 7.3%

30 Nov 2016

Quarter 2 GDP grows at 7.3%

The GDP of Q2 FY16-17 grew at 7.3% at constant prices (2011-12).